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Chase Refuses To Process Payments For A Condom Company

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Post by Lurker Mon Mar 24, 2014 1:24 pm

A major online payment processor is refusing to handle credit card payments for a startup condom company.
A representative for Chase Paymentech, the payment processing platform offered by JPMorgan Chase, told Lovability founder Tiffany Gaines over the phone this week that the company considers it a "reputational risk" to handle online payments for condoms, which it classifies as an "adult-oriented product."
"Defining condoms this way sends a harmful cultural message to men and women everywhere," Gaines told The Huffington Post in an email Saturday. "Condoms need to be taken out of this category so that people, young and old, feel entitled to use them."
Gaines, a New York University graduate and current School of Visual Arts grad student, created Lovability with the goal of making it less awkward for women to buy condoms. In addition to selling prophylactics, the startup promotes a "Lovability Movement" that encourages women to feel more confident about themselves and their body image.
Chase Paymentech is one of the largest payment processing systems available, handling about 29 billion transactions in 2012.
A Chase spokesperson declined to comment to The Huffington Post.
http://www.huffingtonpost.com/2014/03/23/chase-condoms-payments-lovability_n_5008987.html?ncid=fcbklnkushpmg00000013&ir=Politics


Last edited by Lurker on Mon Mar 24, 2014 4:25 pm; edited 1 time in total
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Post by Guest Mon Mar 24, 2014 4:08 pm

isn't that illegal and discriminatory...

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Post by Ben Reilly Mon Mar 24, 2014 4:20 pm

Godisgoodallthetime wrote:isn't that illegal and discriminatory...

It's stupid, immature and cowardly. I don't know about the legal ramifications, though.
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Post by coffee.cigarettes Mon Mar 24, 2014 7:40 pm

illegal? doubtful

chase is a private business and as such, dont they reserve the right to refuse service to whomever, whether such reason is valid or not?

while I think it is rather backwards of them to say this, is it not their right to do so?

with that said, I would imagine one of the other payment processing companies would be jumping thru hoops to get a per transaction/bulk transaction fee with this company.
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